rmb177 · HackerTrans

2 maanden geledendiscuss

Define "net loss to the society." Society is just a group of individuals. If my counter-party was a democratic aide hedging that they wouldn't have a job come January, was it a real loss for them? The money I've earned on prediction markets has certainly allowed me to spend more money in the economy. What if a trump supporter watching the market saw what a longshot it was and decided not to go to the Capitol on January 6th?

rmb177

2 maanden geledendiscuss

I realize I'm an N of 1, but I've participated in prediction markets since 2019 and am just above 5 figures in profit. Not life-changing money, but it certainly doesn't hurt.

I'm pretty conservative in my predictions and just think there is a lot of free money on these sites. Maybe that just supports the sentiments of this article and most of the negative comments on this post.

There are certainly cases where I got run over by the steamroller picking up nickels, but in general that's few and far between. A good example is getting trump losing the 2020 election at 90% after the election in November. If you find those types of markets and compound the earnings it's a pretty nice savings account.

I've also been burned by insider trading and vague rule interpretations but at this point, you chalk it up to the nature of prediction markets. I now try to stay away from markets that are more manipulative (e.g. mention markets).

I don't understand the hostility to prediction markets. There are definitely hedging opportunities and we're all adults.

rmb177

11 maanden geledendiscuss

https://stackoverflow.com/questions/28891751/google-maps-bug...

rmb177

vorig jaardiscuss

Spelunker, M.U.L.E, Seven Cities of Gold, Up N Down, Moon Patrol, Raid on Bungeling Bay, Blue Max

I could go on and on...

rmb177

2 jaar geledendiscuss

I've been using Podcast Addict for several years now and haven't had any complaints.

rmb177

3 jaar geledendiscuss

I made a chrome extension for myself that does this:

https://chrome.google.com/webstore/detail/hacker-news-saw-it...

Edit: Oops didn't really read your question. So this isn't exactly what you're looking for, but I still find it useful.